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90% of surveyed central banks are exploring CBDCs — BIS
6.5.2022
“Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short- or medium-term,” said the BIS
'Regulations are in place to help crypto businesses understand operations,' says The Bahamas PM Philip Davis
6.5.2022
The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas
Number of Central Banks Involved in CBDC Projects Almost Doubles Year-On-Year - BIS Report
6.5.2022
A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals
5.5.2022
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for...
Proposed digital euro designs lack privacy options, ECB presentation shows
4.5.2022
Transactions via the EU’s prospective CBDC could be transparent to intermediaries, as any non-crypto digital transactions are
Ex-Fed vice-chair Quarles has lost none of his fervor in opposing US CBDC
3.5.2022
The former Federal Reserve official once again expressed his opposition to a United States central bank digital currency in a Tuesday podcast
Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it
3.5.2022
The senator spoke about the importance of definitions and weeding out nonviable altcoins for her comprehensive bill on cryptocurrency
Crypto Bahamas: Regulations enter critical stage as gov't shows interest
3.5.2022
SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
1.5.2022
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator....
India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister
1.5.2022
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be backed by the Reserve Bank of India (RBI), to...
Argentinian Government Advances the Creation of a National CBDC
30.4.2022
The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian mint to involve in the investigation, development, and issuance of digital currencies. This puts...
ECB, Eurosystem begins experimental prototyping of digital euro customer interface
29.4.2022
Up to five banks or other payment services providers will be selected to participate without compensation in the development of the digital euro front end
US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
29.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
Crypto Adoption Continuing in Developing Countries Despite Price Drop
29.4.2022
Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said....
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Digital Yuan Giveaway: Shenzhen Residents to Receive 15 Million Yuan in Digital Currency
29.4.2022
The Chinese government is giving away 15 million yuan in central bank digital currency (CBDC) to 130,000 residents of Shenzhen this Friday. The digital yuan can be used at nearly 5,000 stores with no minimum purchase required. Digital Yuan Pilot Continues China’s central bank,...
Residents of 3 Chinese cities paying taxes and charges with digital yuan
29.4.2022
China has expanded its central bank digital currency pilot program to include the payment of tax, stamp duty and social security
Digital Yuan Now Being Used to Pay Taxes in Chinese Pilot Zones
29.4.2022
Some Chinese citizens now appear to be paying their taxes in the digital yuan, with the pilot gathering pace in the nation’s fast-growing pilot area.
Per Hangzhou.com, a number of government organs in Zhejiang province are trialing solutions that involve “the online transfer of digital yuan”...
First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC
29.4.2022
The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
28.4.2022
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies...
BlackRock launches blockchain industry ETF, names crypto as 1 of 3 big opportunities
28.4.2022
The world’s largest asset manager has launched a blockchain ETF, providing clients with greater exposure to crypto and blockchain-related companies